this post was submitted on 20 Oct 2024
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Microblog Memes

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[–] LodeMike@lemmy.today 4 points 3 weeks ago (3 children)

That's not correct.

The average wealth in this country is ~250k a person

[–] LifeInMultipleChoice@lemmy.dbzer0.com 4 points 3 weeks ago (1 children)

Yeah their number sounded really high, but fuck it hurt to see 250k as well. Do I count as 0 or a negative number if I have more debt than my possessions are worth?

[–] LodeMike@lemmy.today 4 points 3 weeks ago* (last edited 1 week ago)

I think ~~0~~ EDIT: I meant to say the total asset value.? I'm not sure. I think the number came from total wealth as an object, not total net worth.

[–] Hawk@lemmy.dbzer0.com 1 points 3 weeks ago (1 children)

Could still be correct, average is heavily skewed by the millionaires/billionaires.

[–] LodeMike@lemmy.today 2 points 3 weeks ago (2 children)

No. No way. A million a person would mean $325 ish TRILLION for just the US. I think that's around half the global wealth?

[–] socsa@piefed.social 0 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

So you're saying we just need more economic imperialism?

[–] Hawk@lemmy.dbzer0.com 0 points 3 weeks ago

The median income is supposedly around 64k, which already paints a different picture.

[–] damnedfurry@lemmy.world -1 points 3 weeks ago

The average wealth could be $1,990,000 and they'd still be incorrect, lol (assuming the minimum value for "multimilion", $2 million).